Neba

Name

Neba

Legal name

Neba Gayrimenkul ve Yatırımları TİC. A.Ş.

Website

https://nebatr.com

Company type

Private

Operating status

Operating

Ownership category

akta.pro rank

Product category

Real Estate Development

NAICS

Rental and Leasing Services (532)

SIC

Land Subdividers & Developers (No Cemeteries) (6552)

akta.pro primary industry

Residential General Contracting (New Build) (IMAFAAAB)

Keywords

• Real estate development
• Luxury residential
• Mixed-use projects
• Construction services
• Hospitality residences

Headquarters

HQ city

Istanbul

Offices1 record

Markets served

GTM type

B2C

Offering type

Services

Cost components

Supply Chain, Operations, Personnel, Marketing or Sales, Infrastructure

Revenue model

1. Real Estate Sales: Primary revenue stream from selling residential units and commercial spaces in developed projects. The company acts as both land owner and contractor, developing properties for direct sale to end customers.
2. Commercial Space Rentals: Revenue generated from retail and commercial spaces within Neba Garden open AVM concept, renting to prestigious brands operating within the mixed-use developments.
3. Hotel Operations: Revenue from Ascott Citadines Hotel & Residence operating within Nivo İstanbul by Neba project, offering short and long-term accommodation services.

Go-to-market motion1 record

Distribution channels1 record

Marketing channels4 records

Core offering

Neba is a Turkish real estate development and construction company headquartered in Istanbul that develops luxury residential, mixed-use, and hospitality projects across Turkey, the Middle East, and Africa. Its portfolio includes branded high-rise developments, open-air retail concepts, serviced residences operated under the Ascott/Citadines brand, and luxury villa communities.

Product overview

Neba is a real estate development company (Neba Gayrimenkul ve Yatırımları TİC. A.Ş.) operating as part of Razm Holding, focused on residential and mixed-use property development in Turkey. The company's core product portfolio centers on Nivo İstanbul by Neba, an award-winning residential complex that serves as the flagship project. This flagship is complemented by Neba Garden (an open-air retail mall component within Nivo İstanbul) and the Ascott Citadines Hotel & Residence (an international hospitality integration). The company has also developed Arterium Villaları in Başakşehir and maintains a portfolio of construction projects across the Middle East and Africa including stadiums, embassies, schools, and hospitals.

Differentiator

Problem solved

Functional benefit

Brands

• Nivo İstanbul by Neba: Award-winning mixed-use residential project in Istanbul's Başakşehir district, featuring living spaces, open mall concept, and Ascott Citadines Hotel & Residence.
• Neba Garden
• Ascott Citadines Hotel & Residence

Products and services

• Nivo İstanbul by Neba Flagship mixed-use development by Neba located in Istanbul, combining residential, retail, and hospitality components into a single branded project for end-buyers and tenants.
• Neba Garden Open-air retail component located within the Nivo İstanbul development, offering shopping and lifestyle units to retail tenants and consumers visiting the project.
• Ascott Citadines Hotel & Residence Branded serviced residence component within Nivo İstanbul, operated under the Ascott/Citadines hospitality brand, targeting long-stay business and leisure travelers as well as investors.
• Arterium Villaları Luxury villa community developed by Neba in the Başakşehir district of Istanbul, marketed to HNW families seeking premium detached residential property.

Quantifiable outcome

• European Property Awards Winner 2018-2019 for Nivo İstanbul by Neba

Segments1 record

Ideal customer profiles3 records

Technology focussed No

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Partnerships

Two partnerships are on record, tiered core.

• Razm Holding GroupcoreStrategic or Co-development PartnerNeba is originally a subsidiary of Razm Holding Group. The company operates as the real estate and investment arm of this conglomerate, which has executed major projects across the Middle East and Africa, including stadia, consulate buildings, schools, and shopping centers.
• Ascott (Citadines Hotel & Residence)coreStrategic or Co-development PartnerAscott, a globally recognized mixed hotel and long-stay accommodation brand, has partnered with Neba to bring the Citadines concept into the Nivo İstanbul by Neba project. Ascott provides its international hospitality standards and brand recognition, while Neba provides the physical property within its mixed-use development.

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Direct peers

• DAMAC Properties: Dubai-listed luxury real estate developer with branded residential partnerships (e.g., Trump, Versace) — comparable to Neba in serving affluent buyers via design-led, amenitized residential developments.
• Ant Yapı: Turkish general contractor and real estate developer with residential, commercial, and infrastructure projects domestically and internationally — overlaps Neba's contractor-plus-developer positioning.
• Ağaoğlu Group: Long-established Turkish real estate developer with large residential masterplans and mixed-use projects; comparable to Neba in serving affluent Istanbul buyers with vertical integrated delivery.
• Tahincioğlu Gayrimenkul: Istanbul-based premium residential and mixed-use developer with a portfolio of branded residences — competes head-to-head with Neba for premium Istanbul buyers in the same Başakşehir/Istanbul corridor.
• Kalyon Group: Turkish construction and infrastructure conglomerate active in real estate development, energy, and concessions — comparable to Neba/Razm in conglomerate-backed construction scale and MENA exposure.
• Rönesans Holding: One of Turkey's largest construction and real estate conglomerates, active across real estate development, construction, and infrastructure — directly comparable to Neba in vertical integration and scale of Turkish projects.
• Mesa Mesken: Long-standing Turkish residential developer with established Istanbul projects; overlaps Neba in mid-to-premium housing delivery and general contracting capabilities.

Broad incumbents

• Emaar Properties: UAE-based global real estate developer behind mega-projects like Downtown Dubai — operates at much larger scale but competes in the same premium Middle East/Istanbul-adjacent market segment.
• Çalık Holding: Turkish diversified conglomerate with construction, real estate, energy, and textiles — similar to Razm Holding in providing conglomerate backing to a real estate/construction arm.
• Arabtec Construction: UAE-based construction company with MENA-wide project delivery including schools, hospitals, and large infrastructure — comparable to Neba's Middle East/Africa construction footprint.

Market position

Strengths5 records

Weaknesses5 records

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Neba